Repair & Maintenance Services was Team’s largest product and service line in fiscal 2025, bringing in $427.07M of $896.48M (48%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Repair & Maintenance Services | $413.60M | $429.76M | $417.85M | $427.07M | ||
| Non-Destructive Evaluation & Testing Services | $336.82M | $343.71M | $336.58M | $359.04M | ||
| Asset Integrity Management | — | — | — | — | ||
| Heat-Treating | — | — | $68.83M | $68.89M | ||
| Heat Treating | $61.80M | $60.10M | — | — | ||
| Other | $27.98M | $29.05M | $29.01M | $41.49M | ||
| Other Services | — | — | — | — | ||
| Total | $840.21M | $862.62M | $852.27M | $896.48M |
Team brought in $896.48M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $852.27M in fiscal 2024. Repair & Maintenance Services was the largest at $427.07M (47.6%), ahead of Non-Destructive Evaluation & Testing Services at $359.04M (40.0%) and Heat-Treating at $68.89M (7.7%). The remaining line, Other, brought in $41.49M.
Compared with fiscal 2024, Other grew fastest, up 43.0% to $41.49M. Every line above 2% of revenue grew.
Team began breaking out Heat-Treating in fiscal 2024, when it brought in $68.83M. Team stopped reporting Heat Treating as a separate line after fiscal 2023, when it brought in $60.10M.
United States was Team’s largest region in fiscal 2025, bringing in $680.70M of $896.48M (76%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $613.02M | $623.76M | $637.66M | $680.70M | |||||||||||
| Other Countries | — | $153.98M | $147.67M | $138.97M | |||||||||||
| Canada | $95.79M | $84.87M | $66.94M | $76.81M | |||||||||||
| Europe | $61.71M | — | — | — | |||||||||||
| Other Foreign Countries | $69.68M | — | — | — | |||||||||||
| Total | $840.21M | $862.62M | $852.27M | $896.48M |
Team brought in $896.48M from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $852.27M in fiscal 2024. United States was the largest at $680.70M (75.9%), ahead of Other Countries at $138.97M (15.5%) and Canada at $76.81M (8.6%).
Compared with fiscal 2024, Canada grew fastest, up 14.7% to $76.81M, while Other Countries fell the most, down 5.9% to $138.97M.
Team began breaking out Other Countries in fiscal 2023, when it brought in $153.98M. Team stopped reporting Other Foreign Countries ($69.68M in fiscal 2022) and Europe ($61.71M in fiscal 2022) as separate regions.
Iht was Team’s largest segment in fiscal 2025, bringing in $458.88M of $896.48M (51%).
| Segment | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Iht | $422.56M | $429.56M | $426.72M | $458.88M | ||||||||||
| Ms | $417.65M | $433.06M | $425.55M | $437.60M | ||||||||||
| Teamqualspec | — | — | — | — | ||||||||||
| Teamfurmanite | — | — | — | — | ||||||||||
| Quest Integrity | — | — | — | — | ||||||||||
| Total | $840.21M | $862.62M | $852.27M | $896.48M |
Team brought in $896.48M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 5.2% from $852.27M in fiscal 2024. Iht was the largest at $458.88M (51.2%), ahead of Ms at $437.60M (48.8%).
Compared with fiscal 2024, Iht grew 7.5% to $458.88M and Ms grew 2.8% to $437.60M. From fiscal 2022 to 2025, combined revenue from these segments grew from $840.21M to $896.48M, a compound annual growth rate of 2.2%. Iht's share of the total rose from 50.3% to 51.2%.
Team (TISI) reports its revenue by product and service, by geography and by segment. In fiscal 2025, Repair & Maintenance Services was its largest product and service line, bringing in $427.07M (47.6% of the total), followed by Non-Destructive Evaluation & Testing Services at $359.04M (40.0%).
Repair & Maintenance Services was Team's largest product and service line in fiscal 2025, bringing in $427.07M, or 47.6% of the $896.48M total across its four product and service lines.
United States was Team's largest region in fiscal 2025, bringing in $680.70M, or 75.9% of the $896.48M total across its three regions.
Iht was Team's largest segment in fiscal 2025, bringing in $458.88M, or 51.2% of the $896.48M total across its two segments.
Among Team's product and service lines that make up at least 2% of revenue, Other grew fastest in fiscal 2025, up 43.0% from $29.01M to $41.49M.
Every figure comes from Team's annual financial filings, as reported. Each line keeps the name Team gives it, and years follow its fiscal calendar.
Team's revenue by product and service goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.